Shorewood, WI 53211,2500 E Edgewood Ave #2502

$350,000

$399,900

12.5%
Est.Price: ?

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Est. payment /mo

2,381 SqFt


SOLD DATE : 11/17/2021

Key Details

Sold Price $350,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,381 sqft

Price per Sqft $146

Subdivision Menlo Park

MLS Listing ID 1747565

Sold Date 11/17/21

Year Built 1900

Annual Tax Amount $7,702

Tax Year 2020

Lot Size 5,227 Sqft

Acres 0.12

Property Description

This is a three family and being marketed as a two family and Multi Family. This Investment property has had a great rental history and this is the 1st time this home is available in over 50 years. The first floor has been used as a 3 bedroom but offers flexibility in the floor plan. The 2nd floor is 3 bedrooms and the 3rd is a 1 bedroom. Yearly Gross income-$45,420-projected, Estimated expenses per seller $7802 for 2020 tax, $888 for heat (2nd & 3rd per WeEnergies), 2020 water sewer $1,251. Total estimated expenses per owner $9,941. Net projected yearly income before debt service- $32,239. Do the math based on your financing plan and you'll discover this investment offers a great return. Call for your appointment today!

Location

State WI

County Milwaukee

Zoning RES

Rooms

Basement Block, Full

Exterior

Exterior Feature Aluminum/Steel, Aluminum, Wood

Parking Features Detached, 3 Car

Garage Spaces 3.0

Utilities Available 2 Electric Meters, 2 Gas Meters

Roof Type Composition/Fiberglass

Building

Sewer Municipal Sewer, Municipal Water

New Construction N

Schools

Elementary Schools Atwater

Middle Schools Shorewood

High Schools Shorewood

School District Shorewood

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Jacob Ballweg

Jacob Ballweg

Ballweg's Real Estate LLC

+1(920) 219-2168

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Keller Williams Realty-Milwaukee North Shore
Bought with Realty Executives Integrity Brookfield

GET MORE INFORMATION

agent
Jacob Ballweg

Broker | License ID: 57699-90

+1(920) 219-2168 | [email protected]

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